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Holding in Company

16 Nov 2011 10:24

RNS Number : 1971S
Sarantel Group PLC
16 November 2011
 



16 November 2011

 

Sarantel Group plc

 

Holding in Company

 

Sarantel Group PLC, (AIM: SLG, 'Sarantel'), a leading manufacturer of high-performance, miniature filtering antennas for mobile and wireless devices, was informed on 15 November 2011 that Mr Ali Mortazavi sold 1,000,000 A ordinary shares at 0.79 pence per share on 8 November 2011, a further 1,500,000 A ordinary shares at 0.75 on 8 November 2011 and 4,500,000 A ordinary shares at 0.653 pence on 11 November 2011. Mr Mortazavi now has an interest in 32,500,000 A ordinary shares representing 3.9% of the issued share capital of the Company.

 

 

Enquiries

 

Sarantel Group PLC

01933 670 560

David Wither, Chief Executive Officer

Nicola Malyon, Chief Financial Officer

Seymour Pierce (Nominated adviser and broker)

020 7107 8000

Freddy Crossley

David Banks/Paul Jewell (Corporate Broking)

College Hill

020 7457 2020

Kay Larsen/Rozi Morris

 

 

About Sarantel  

Sarantel is a leader in the design of high-performance miniature antennas for portable wireless applications. Sarantel's revolutionary ceramic filtering antennas offer dramatically improved performance over existing antenna designs, resulting in a clearer signal, better range and a 90 per cent reduction in the amount of signal radiation absorbed by the body. Because of their smaller size and higher capabilities, Sarantel's antennas enable manufacturers to create innovative wireless products for the GPS, WiMax, Satellite Radio and Satellite phone markets. www.sarantel.com

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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